Capital One Financial (NYSE:COF) Stock Price Down 3.5%

Capital One Financial Co. (NYSE:COF) was down 3.5% on Friday . The stock traded as low as $154.57 and last traded at $155.80. Approximately 10,595 shares changed hands during mid-day trading, a decline of 100% from the average daily volume of 2,492,969 shares. The stock had previously closed at $161.37.

Several equities analysts recently weighed in on COF shares. Morgan Stanley raised their price target on shares of Capital One Financial from $214.00 to $221.00 and gave the company an “overweight” rating in a research report on Monday, December 6th. BMO Capital Markets lifted their target price on shares of Capital One Financial from $188.00 to $191.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 27th. Zacks Investment Research cut shares of Capital One Financial from a “buy” rating to a “hold” rating and set a $162.00 target price on the stock. in a research report on Friday, November 5th. The Goldman Sachs Group cut shares of Capital One Financial from a “conviction-buy” rating to a “buy” rating in a research report on Thursday, January 6th. Finally, Stephens lifted their target price on shares of Capital One Financial from $170.00 to $210.00 and gave the stock an “equal weight” rating in a research report on Wednesday, October 27th. Eight analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. According to data from MarketBeat.com, Capital One Financial currently has a consensus rating of “Buy” and a consensus price target of $185.46.

The company has a current ratio of 0.93, a quick ratio of 0.91 and a debt-to-equity ratio of 0.58. The company has a market capitalization of $67.43 billion, a P/E ratio of 5.94, a P/E/G ratio of 0.39 and a beta of 1.65. The business’s fifty day moving average price is $149.87 and its 200-day moving average price is $158.34.

Capital One Financial (NYSE:COF) last posted its quarterly earnings data on Tuesday, October 26th. The financial services provider reported $6.86 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.22 by $1.64. Capital One Financial had a net margin of 39.92% and a return on equity of 19.85%. The company had revenue of $7.83 billion during the quarter, compared to the consensus estimate of $7.45 billion. During the same period in the previous year, the firm posted $5.05 EPS. The firm’s revenue was up 6.1% compared to the same quarter last year. As a group, equities research analysts forecast that Capital One Financial Co. will post 26.79 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 26th. Stockholders of record on Monday, November 15th were issued a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.51%. The ex-dividend date of this dividend was Friday, November 12th. Capital One Financial’s dividend payout ratio is currently 8.96%.

Hedge funds and other institutional investors have recently bought and sold shares of the company. BlackRock Inc. lifted its stake in Capital One Financial by 2.5% in the second quarter. BlackRock Inc. now owns 36,741,415 shares of the financial services provider’s stock worth $5,683,530,000 after purchasing an additional 902,651 shares during the last quarter. Capital World Investors lifted its stake in Capital One Financial by 1.3% in the third quarter. Capital World Investors now owns 22,070,324 shares of the financial services provider’s stock worth $3,574,938,000 after purchasing an additional 274,233 shares during the last quarter. State Street Corp lifted its stake in Capital One Financial by 0.6% in the second quarter. State Street Corp now owns 20,593,200 shares of the financial services provider’s stock worth $3,185,562,000 after purchasing an additional 124,873 shares during the last quarter. Bank of America Corp DE lifted its stake in Capital One Financial by 27.8% in the second quarter. Bank of America Corp DE now owns 8,148,023 shares of the financial services provider’s stock worth $1,260,419,000 after purchasing an additional 1,771,101 shares during the last quarter. Finally, Geode Capital Management LLC lifted its stake in Capital One Financial by 1.5% in the third quarter. Geode Capital Management LLC now owns 7,589,035 shares of the financial services provider’s stock worth $1,225,891,000 after purchasing an additional 112,981 shares during the last quarter. 89.21% of the stock is owned by institutional investors.

Capital One Financial Company Profile (NYSE:COF)

Capital One Financial Corp. operates as a financial holding company. The firm engages in the provision of financial products and services. It operates through the following segments: Credit Card, Consumer Banking and Commercial Banking. The Credit Card segment offers domestic consumer and small business card lending, and international card lending businesses.

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